HomeMy WebLinkAbout0836 and shall perform, comply with and abide by Pach and every the agreements, stipulations, conditions and
covenants thereof, and of Ihis mortgage, then this mortgage and the estate hereby created, shall cease, de-
fermine and 6e null and void.
_ ~ftt~ the mortgagor hereby further covenants and agrees to pay promptly when due the principal and
interest and other sums of money provided for in said note and this mortgage." or either; to pay all and
singular the tares. assessments, levies, liabilities, obligations, and encumbroncea of every nature on Bald pro-
perty: to permit, commit or suffer no waste, impairment or deteriorotion of said land or the improvements
thereon at any time; to keep the buildings now or herea)fer on said land jolly insured in a sum of not less
thanTWENTY THOUSAND SIX HUNDRED EIGHT TWO DOLLARS _NO/100----------
in n company or companies acceptable fo the mortgagee, the policy or policies to 6e held by, and payable
to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such instuance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
fo the mortgagor jor any surplus; to pay all costs, charges,. and expenses, including lawyers fees and title
searches. reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage.
or either; to perjorm, comply u+Ith and abide 6y each and every the agreements, stipulations. rnndittons and
covenants set forth in said note and this mortgage or either. In the event the mortgagor jails to pap when
due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without tuaiutng or of
jetting the option to foreclose
or any other right hereunder. and all such payments shall bear interest from date thereof at the highest law-
jul rate t11Pn aIIOU+ed I)y fhP LOWS Oj fhP SIafP Oj r'IOrida.
` +
~l any sum of money herein referred t0 be not promptly paid u)ifhin days next after
the same becomes due, or ij each and every the agreements, stipulations, conditions and coverianfs of snid
note and this morfgagP. or either, are not fully performed, complied with and abided 6y, then the entire
stem mentioned in snid note. and this morfgagP, o? the entire balance unpaid 1herPOn. shall forthwith or
thereafter. at the option of the mortgagee, become and be due and payable, anything in said note or herein
to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights. or options "herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
thereafter accruing. "
~n witness whereof, the said mortgagor has 1)PrPt)nto signed and sealed these presents the
day and year first above a+ritfen.
Siyr~ed. sealed and delivered in P presence oj:
f ~itta•'" `i~t~
~t - ranklin L Daws ~ _
Arabelle P. Dawson
i
l
STATE OF FLORIDA,
E COL'\iTY OF St. Lucie
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
Franklin L. Dawson and Arabelle P. Dawson, his wife
~ to m+• known to lse the person S"described in and who executed the foregoing instrument and they acknowkdged
before me that they executed the same.
)~'IT\ESS my hand and official seal in the County and Stat+• last aforesaid this 12 day of
P
MaY A. D. 19 80
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SO ~aa r i 3 Ftti ~ 5~ ~ ~
NQI A.
F ILEU ahC~ F. Coat+t ii ~ iOtvOfD 1 • , ar ~F .
51.LUCfE CGUYiY.Ft A.
ROGER POITR~S ~
! CLERi: CiECUii C~JJ:iT S-a-3-S3 6•- f~ ~
r =;SL;
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%s I,u~nnn,•„r yn~,n~/ /y: Jackie Talamine
.1J,lre_cl First National Bank of Ft. Pierce '
300 S. 6th St. , P-O. Box 970, Ft. Pierce, Fla. 33450 PkGE OJV ~
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